SYX Systemax Inc

ProfitCenter Software Inc. (PCS), a wholly owned subsidiary of Systemax Inc. (NYSE: SYX), and a leading provider of web-based multi-channel direct marketing software, announced today that Publishers Clearing House LLC has entered into a hosting agreement with PCS for the deployment of its web based Profitability Software Suite(TM), an integrated multi-channel sales, order management, fulfillment and accounting solution. The name "Publishers Clearing House" is almost synonymous with the sweepstakes launched in 1967 to draw attention to the magazine deals in company mailings. Since 1974, consumer response has been bolstered by TV campaigns featuring the Prize Patrol and in 1999 they launched their website www.pch.com, which has thousands of product offerings. As they continued to grow into new channels and markets, it became evident that they would need new tools and solutions to sustain that growth. Publishers Clearing House conducted an extensive search for a solution and looked at over 16 companies before choosing PCS. Having an extremely complex marketing process required a single system that could be utilized by marketing, merchandising, sales, customer service, fulfillment and accounting. Another system requirement was flexibility to conduct business across multiple sales and customer channels such as mail order, call center, catalog and web. "With PCS, we now have one integrated solution to use across our company, so there is no need to input the same data in multiple places, multiple systems and reconcile it," stated Steve Miller, Vice President and Chief Information Officer of Publishers Clearing House LLC. "With the PCS Profitability Software Suite's(TM) integrated solution, web management tools, and reporting, our associates will spend more time on our direct marketing efforts, improving customer service and operating more efficiently than ever before." Publishers Clearing House requirements for a new system included, but were not limited to: -- Order Processing through multiple channels; web, call center, mail order. -- Screen orders for credit approval with access to all customer data. -- Multiple part pay methods. -- Third party collection access for collection agencies. -- Marketing management of customer offers such as free shipping and loyalty programs. -- A completely integrated system. "We looked at all the commercially available systems on the market and kicked the tires on all of them, but only one was found to be acceptable" stated Mr. Miller. "The best fit analysis revealed one product that stood out amongst the rest, that was PCS. PCS offered the best fit to meet our current and future requirements." "For companies like Publishers Clearing House that have large staffs and multiple systems, coupled with complex marketing requirements, PCS offers significant productivity enhancements and less headaches," said Matthew Ehrlich, President and CEO of ProfitCenter Software. "We're pleased that Publishers Clearing House has chosen PCS and our goal will be to delight them with our world class functionality and service." PCS is a 100% web-based service that helps companies automate and manage the entire customer lifecycle across multiple sales channels (web, catalog, call center, outside sales). The PCS Profitability Software Suite(TM) provides direct marketing companies one unified solution that directly enhances their bottom lines and profitability. PCS eliminates all the costs and complexities of traditional solutions. About ProfitCenter Software Inc. A subsidiary of Systemax Inc. (NYSE: SYX) www.systemax.com and based in Uniondale, New York, ProfitCenter Software Inc. (PCS) (www.profitcenter.com) is a new entrant in the rapidly emerging market for web-based business automation software for multi channel direct marketers. The company delivers to its customers the first integrated, scaleable suite of enterprise applications for directly enhancing a company's bottom line. PCS is one of the first companies to recognize a need for software companies to focus solely on the applications and solutions that can directly affect a direct marketing company's profits. The Profitability Software Suite(TM) is an integrated multi-channel sales, fulfillment, and accounting solution. About Publishers Clearing House, LLC. Publishers Clearing House is a leading multi-channel direct marketer of value-based consumer products and magazines, headquartered in Port Washington, NY, where it was founded in 1953. Nationally known for its famous Prize Patrol that surprises screaming million dollar winners on their doorsteps with huge sweepstakes prizes while TV cameras are rolling, the company offers free credit and 100% satisfaction guaranteed on all items purchased through the mail or from its rapidly growing website, pch.com. For more information on Publishers Clearing House, visit www.pch.com. Forward-looking statement: This press release contains forward-looking statements about the company's performance. These statements are based on management's estimates, assumptions and projections and are not guarantees of future performance. ProfitCenter Software Inc. and Systemax Inc. assume no obligation to update these statements. Actual results may differ materially from results expressed or implied in these statements as the result of risks, uncertainties and other factors including, but not limited to: (a) unanticipated variations in sales volume, (b) economic conditions and exchange rates, (c) actions by competitors, (d) the continuation of key vendor relationships, (e) the ability to maintain satisfactory loan agreements with lenders, (f) risks associated with the delivery of merchandise to customers utilizing common carriers, (g) the operation of the company's management information systems, and (h) unanticipated legal and administrative proceedings. Please refer to the Forward Looking Statements section contained in Systemax Inc.'s Form 10-K for a more detailed explanation of the inherent limitations in such forward-looking statements. Product or service names mentioned herein are the trademarks of their respective owners.